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Charting the course of XRP

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4 minutes ago, 2ndtimearound said:

Impressive if you've watched XRP since early 2018....if you got in late....like later in 2019, then you're lucky....it's been a long ride down.   It could STILL go either way...the whole thing can still collapse down to 10 cents, or we could make new ATHs. 

I ran out of fiat in 2018, so my DCA is something I don’t even bother looking at. But it’s at least 4x from price is now. 

So my stack is tiny given how much I spent. Worst of both worlds.

But I did have the right timing with VET buying all of it between July and September last year. 

Edited by MaxMad

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Just now, MaxMad said:

I ran out of fiat in 2018, so my DCA is something I don’t even bother looking at. But it’s at least 4x from price is now.

But I did have the right timing with VET buying all of it between July and September last year. 

Good one on VET.  I hold some....and I made a profit in 2017 with it too (as VEN).  In retrospect, I got very lucky just accumulating like crazy in autumn of 2017 a whole bunch of tokens.  I profited on some that were proven scams (PRL, SUB to name a couple).  Pure dumb luck, but I didn't know it.  I thought the whole market was based on fundamentals, but the 2 year bear market proved me wrong.  Really, it's a big casino. Still way up overall, but it's been humbling to see how it has unfolded.  Still hoping for a good year this year, but anything can happen.

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39 minutes ago, NorCalguy said:

Not easy to know where the bottom is.   I thought bottom was $1, then $0.70 and then $0.60.  Finally, I gave up buying. Hopefully, $0.19 was the bottom and we'll never see that again. 

I'm not saying I'm the trader god. But if I can spot 6 out of 10 and the winning out do my cut losses on the losing one, think it is is good enough trade strategy.

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49 minutes ago, 2ndtimearound said:

Impressive if you've watched XRP since early 2018....if you got in late....like later in 2019, then you're lucky....it's been a long ride down.   It could STILL go either way...the whole thing can still collapse down to 10 cents, or we could make new ATHs.   People are good at saying they called things that've already happened...then I always say to them "OK, chief, what's next?".  So, what's next?! :D

Sorry miss the what's next question. As I have said my analysis is saying one more low. But that probability is not high. So I started buying before that. I am only 85% in waiting for that one more low to load 100% intended trade. Trade by technical analysis is never certainty but increase your odds of winning. Mine is a combination of ElliottWave, momentum indicator and Price Structure Pattern analysis. What's next? One more low. How low? 0.12

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59 minutes ago, TeeKay said:

What's next? One more low. How low? 0.12

OK, fair enough - you're specific - that's quite refreshing.  Let's see if you are right.  I guess you are selling a decent amount of your holdings now (or soon) to accumulate, right?

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51 minutes ago, AlexJohanson said:

Dropping below 30, are you busing the dip? 

I'm buying below 0.22. I'm 63% in. Another 37% to go. Was 85% in, took 25% of that 85% and waiting to go back in. Not too sure if I am gonna get it. If I miss the train, I'll go in with other asset. 

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2 minutes ago, TeeKay said:

I'm buying below 0.22. I'm 63% in. Another 37% to go. Was 85% in, took 25% of that 85% and waiting to go back in. Not too sure if I am gonna get it. If I miss the train, I'll go in with other asset. 

.22... You never know, but for everyone's sake I hope you don't get to buy in @ those levels again. It would completely invalidate everything and bring us a much longer bearmarket.

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1 minute ago, Caracappa said:

.22... You never know, but for everyone's sake I hope you don't get to buy in @ those levels again. It would completely invalidate everything and bring us a much longer bearmarket.

let's see if btc can hang in at above 10K

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8 minutes ago, TeeKay said:

I'm buying below 0.22. I'm 63% in. Another 37% to go. Was 85% in, took 25% of that 85% and waiting to go back in. Not too sure if I am gonna get it. If I miss the train, I'll go in with other asset. 

We drop below .22 I'm going to run naked up the local high street....and I don't like running:wacko:

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34 minutes ago, Trentsteel said:

We drop below .22 I'm going to run naked up the local high street....and I don't like running:wacko:

For your sake I hope I won't get to buy back. 0.22 is simply 61.8% pull back... There about.

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2 hours ago, TeeKay said:

I'm buying below 0.22. I'm 63% in. Another 37% to go. Was 85% in, took 25% of that 85% and waiting to go back in. Not too sure if I am gonna get it. If I miss the train, I'll go in with other asset. 

Going to put it this way; if you get the opportunity to buy below .22 (outside of a flash crash), I personally wouldn’t even bother buying at all as it’s confirmation for a further bear market extension. 

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